Comment Text:
If true , that the CFTC wants to ban Predict markets, I find it scandalous. It is not gambling but even if it was , have you noticed we have scores of LEGAL Gambling sites… clearly government
Over reach. Organizations like Predictt , provide valuable insight, changing as new information comes out , in real time , 24 /7
Same with Polymarket. I wish the 850$ limit was increased. When one is curious about the so called “Bureaucractic
State , with unelected government employees administers their interpretation of laws, we need look no further than the CFTC.
We can also use such markets
As a hedge for example,
one party promising to raise tax rates ,
You could bet on that party (whom you despise)
But the money you win , will help offset
The increase tax bill you will owe .
If you lose the bet , you are so happy your capital gains tax rate remains
At 20-23% and not then becoming then top marginal income
Tax
Rate. Leave us alone big brother . Personal freedom will hopefully win out,
